The European Union (EU) is ramping up its efforts to deepen trade relations with Turkey in 2024, despite Ankara’s increasing alignment with the BRICS bloc, a reflection of its growing disillusionment with stalled EU accession talks. In a bid to revive engagement, the EU has outlined a comprehensive three-pronged strategy. This plan includes enhancing high-level diplomatic engagements, resuming European Investment Bank operations in Turkey, and modernizing the existing customs union. These initiatives form part of the EU's broader objective to secure Turkey’s cooperation, particularly amid ongoing geopolitical tensions, including Russia's war in Ukraine. Turkey’s strategic position is also pivotal for the EU's efforts in migration control and NATO’s defense framework. Recently, Turkish President Recep Tayyip Erdoğan held discussions with Russian President Vladimir Putin, underscoring Turkey's intent to strengthen ties with BRICS—an economic bloc consisting of Brazil, Russia, India, China, and South Africa, now joined by new members such as Iran, Egypt, Ethiopia, and the UAE. Putin expressed his support for Turkey's aspirations to foster closer ties with the group. Turkey’s frustration over delayed progress on key issues, notably visa liberalization and updating the customs union, has driven it to explore alternative alliances, including potential membership in the Shanghai Cooperation Organization and deeper engagement with BRICS. The recent expansion of BRICS, which now includes key regional players like Iran, Egypt, and the UAE, further highlights Turkey’s shifting foreign policy priorities.
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